HK Electric Investments and HK Electric Investments Limited (FRA:HKT)

FRA:HKT Cash Flow Statement

Financials in millions HKD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	3,165	3,111	3,156	2,954	2,933	2,732
Depreciation & Amortization	3,498	3,356	3,177	3,240	3,316	3,185
Loss (Gain) on Sale of Assets	137	125	256	88	120	125
Change in Accounts Receivable	-10	80	158	-372	-257	70
Change in Inventory	-60	38	444	-549	-192	98
Change in Accounts Payable	-432	-92	-1,280	985	560	-385
Change in Other Net Operating Assets	184	65	1,740	-1,752	-1,047	156
Other Operating Activities	-528	-308	420	174	756	-38
Operating Cash Flow	5,954	6,375	8,071	4,768	6,189	5,943
Operating Cash Flow Growth	-26.98%	-21.01%	69.27%	-22.96%	4.14%	-7.73%
Capital Expenditures	-3,644	-4,000	-4,279	-5,761	-4,826	-4,815
Sale of Property, Plant & Equipment	1	1	-	-	-	1
Other Investing Activities	19	8	-102	-316	-199	-236
Investing Cash Flow	-3,624	-3,991	-4,381	-6,077	-5,025	-5,050
Long-Term Debt Issued	-	697	2,500	4,873	16,048	11,222
Long-Term Debt Repaid	-	-302	-3,778	-501	-14,452	-9,520
Net Debt Issued (Repaid)	465	395	-1,278	4,372	1,596	1,702
Common Dividends Paid	-2,830	-2,830	-2,830	-2,830	-2,830	-2,830
Other Financing Activities	29	58	68	64	49	27
Financing Cash Flow	-2,336	-2,377	-4,040	1,606	-1,185	-1,101
Foreign Exchange Rate Adjustments	6	1	2	-6	3	-6
Net Cash Flow	-	8	-348	291	-18	-214
Free Cash Flow	2,310	2,375	3,792	-993	1,363	1,128
Free Cash Flow Growth	-44.63%	-37.37%	-	-	20.83%	-58.21%
Free Cash Flow Margin	19.17%	19.70%	33.25%	-9.20%	12.02%	10.86%
Free Cash Flow Per Share	0.26	0.27	0.43	-0.11	0.15	0.13
Cash Interest Paid	1,317	1,307	1,264	875	720	936
Cash Income Tax Paid	1,411	1,406	169	544	448	488
Levered Free Cash Flow	1,367	957.75	3,178	-2,531	841	585.25
Unlevered Free Cash Flow	2,249	1,838	4,028	-1,931	1,341	1,192
Change in Working Capital	-318	91	1,062	-1,688	-936	-61

Source: S&P Global Market Intelligence. Utility template. Financial Sources.